John Thune: “last week, Leader Schumer came to the floor to announce: Lowering costs will be Senate Democrats' North Star in 2026. He…”

“last week, Leader Schumer came to the floor to announce: Lowering costs will be Senate Democrats' North Star in 2026. He continued: Let me repeat that so [that] America and our Republican colleagues hear it: Lowering costs will be Senate Democrats' North Star in 2026. Well, you have to give the Democrats a lot of credit for their nerve or, maybe, for their case of amnesia, because to hear Democrats speak lately, you would think that they have zero memory of the massive affordability crisis that they created. Well, let's just review for a minute. Five years ago this week, Democrats were getting ready to pass a massive $1.9 trillion spending bill with no offsets--their so-called American Rescue Plan--despite warnings that their bill's excessive spending could cause a serious inflation crisis. They passed it anyway, and it helped unleash the worst inflation crisis in 40 years--an inflation crisis whose reverberations are still being felt today. And even as inflation rose and rose, again and again and again and again, Democrats either failed to recognize--or tried to minimize--the problem. Worse, they tried to double down on the strategy of excessive government spending that helped set off the crisis in the first place. So Democrats are going to have to forgive me if it is just a little hard to swallow their sudden interest in lowering costs.…”